Although he slept very late, due to the problem of global hot money, Li Jianhui arrived at Wheelock Tower on time at 9:30 as usual.
The stock market has experienced Black Monday, and it looks like it will experience another Black Tuesday today. Most of the listed companies opened with a gap, and it is difficult to find a little green among the red screen.
The foreign exchange market is also not calm, and the amount of Hong Kong dollar sales has increased significantly. Fortunately, the power of buyers is also quite strong, so the Hong Kong dollar exchange rate remains around 5.12.
Listening to Pang Yi's report, Li Jianhui always felt that there was some conspiracy brewing among the world's hot money.
"Pang Yi, you asked our people to keep a close eye on you. If there are any rumors in the market that may affect the situation, report them to me immediately."
Pang Yi also knew that World Hot Money must have a backup plan. If it were a regular confrontation, World Hot Money would have no chance of winning.
Now he is waiting for the world's hot money to take action. He wants to see what means the other party can use to give him the confidence to break through Xiangjiang Finance and reap Xiangjiang's wealth.
The whole morning was quite peaceful, even before 5pm there was no disturbance.
At 17:00 Beijing time, that is, 9 a.m. London time, the spokesperson of the British Ministry of Defense stated at a press conference that the Falkland Islands (Fallen Islands) are enough, indicating that the British military has the ability to defend British sovereignty.
If it were just this, it would be nothing, but in addition to the press conference, it also included other areas, including the place where Li Jianhui and others live.
This news spread back to Xiangjiang very quickly, and Li Jianhui rarely broke the tea cup on the table in the office.
Li Jianhui had actually known for a long time that the butterfly effect of his arrival would cause more and more things to go astray, but he did not expect that the impact would be so great.
The reason why the Battle of the Falklands was fought in the previous life was because the British gave Argentina the illusion that Britain did not care about the Falklands, which made Argentina's top officials think that the opportunity to seize the Falklands had arrived.
The UK is still one of the powerful countries, and few countries dare to ignore its strong strength. Argentina is definitely not one of those countries. Now the UK has expressed its stance on the Falklands early. I am afraid that the top officials in Argentina will not have the courage to fight against the UK.
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The worst thing was the impact of this news on Xiangjiang. In his heart, he sent greetings to all the eighteen generations of hot money ancestors in the world. He was willing to bet that there must be some hands and feet of these hot money in order to trigger panic among the citizens.
It hit Hong Kong's economy and caused the Hong Kong dollar to depreciate.
When Li Jianhui was furious about this, gossip was already flying everywhere, and the stock market and foreign exchange market were the first to bear the brunt.
At this time, Li Jianhui and others reduced their shareholding in the company, which became a weapon for hot money to attack them. In addition, the large sales of Hong Kong dollars in the foreign exchange market became the biggest evidence of their capital flight.
Major securities companies, major banks, and countless citizens flocked to redeem stocks, withdraw funds, and exchange foreign exchange.
Especially banks with foreign exchange qualifications such as HSBC, Standard Chartered, Hang Seng, East Asia, Xin Jian, Dao Heng, Far East, Heung Kong Asian Commercial, Wing Lung, Sun Hung Kai and other banks have long queues.
It can only be said that the other party's timing this time was really coincidental. The major securities companies and banks in Xiangjiang basically get off work at 6 p.m., and the news spread in Xiangjiang at a very fast speed after 5 p.m., so that such a situation occurred.
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For a while, these banks and securities companies were unable to get off work, and more citizens came here after get off work, and the number of citizens gathering outside the business offices continued to increase.
Even the top management of Xiangjiang was caught off guard. In order to avoid a bigger disturbance, the Xiangjiang Police Department immediately asked all police officers in each police station to work overtime and arrange security police at various gathering places within each jurisdiction to maintain order and strictly prevent safety incidents.
Chief Administration Secretary Kesos immediately notified the heads of financial institutions and listed companies in Hong Kong to convene an emergency meeting in the conference room of the Administration Department.
Sitting in the conference room, Li Jianhui, Charter King and others were relatively speechless. They had previously reduced their shareholdings to suppress the stock market. It can be said that the relocation stone hit themselves in the foot.
Even if they stand up to explain now, the people of Xiangjiang will not believe it. This is really a coincidence.
Looking at the group of big guys representing Xiangjiang's economy, Kesos said: "I don't need to say more about the seriousness of this situation. You all understand. I don't care what plans you had before. I announced the reduction plan yesterday. I hope you all will."
Canceled, and entered the market to rescue the market.
In order to avoid the three-day limit on increasing holdings of one's own company's shares, I hope that when the market opens tomorrow, companies and individuals without affiliations can buy shares in each other."
With the current situation, Kesos could imagine what it would be like if he waited three days before entering the market to rescue the market.
He must mobilize this capital now. He cannot buy shares of his own company, but he can enter the market to buy shares of other companies. This operation can still stabilize the Hong Kong stock market.
However, many big names present had objections to this. Standard Chartered Bank Hong Kong Chief Executive Pix said: "We all know that the other party's main target this time is foreign exchange. Once we invest too much money in the stock market, then
What to do with foreign exchange?
Now citizens are rushing to exchange foreign exchange. If we maintain the stability of the stock market, it will only relieve these investors. They will have more funds to exchange for foreign exchange at our banks, which will only increase our pressure.
Personally, I don't mind paying attention to the stock market for the time being. As long as we stabilize the foreign exchange, when this crisis subsides and our listed companies continue to make profits, the stock price will naturally rise back."
Many people present agree with Pixar's view, especially the big guys who own banks. For them, stabilizing the Hong Kong dollar exchange rate is the top priority. As for the stock market, it can be postponed temporarily.
Of course, the bosses of these listed companies have quit. There are few companies like Xinjian Group that basically have no loans. Once the company's market value drops too badly, they are likely to become insolvent.
Column Standard Chartered, chairman of the board of directors of Heung Kong Electric, retorted: "I believe you know what the situation is like for listed companies. Once the market value of listed companies is too low, your major banks will probably be in huge crisis.
And don’t forget, once this crisis breaks out, real estate may also reach its peak, and an avalanche of housing prices may be just around the corner.
We should now give citizens confidence in the stock market. Only by allowing their funds to enter the stock market can we ensure the stability of Hong Kong's economy.
If everyone doesn’t ensure the stability of the stock market as much as possible now, I believe no one will be able to survive alone by then.”
There were nearly 300 people attending this meeting, and the two sides were quarreling over whether to maintain the stability of the stock market. Both sides felt that they were right, and no one could convince the other.
Fortunately, the stock market has already closed today, and the banks are still able to cope with it because they have some preparations. Although there are huge crowds, there is not much chaos yet, and these people are given time to argue at the meeting.